Flush
Join Date: May 2004
Location: Houston, TX
Posts: 464
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Originally Posted by Waggho
Why would I cut down just the winnings and not the losses? This is what happens:
a) If I have the best hand and I know it: I win less, because I don´t have anough money to put in.
b) If I have the best hand and think I have the best hand: There is no problem for me going all-in, because I only have put 1/40 of my stack to the table. At max buy-in, I would have put in 1/10 of the stack and I would probably be scared to push all-in with a hand I´m not sure of.
c) If I don´t have the best hand but think I have: If I´m forced to go all-in, I lose less than I would do with the max-buyin.
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You may limit losses if you're playing weak poker. The way you put this is as if a/b/c are all equally balanced. In fact, if you consider yourself a strong poker player, b & c should be far less frequent.
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If I´m not totally disinformed (does that word exist?  ), variance means the curve of ups and downs.
up up up up up down down down down down down up up up up up up up up down down down
If I could change that curve to something like this:
up up down up up down down up up down up up down down
then I´m doing something about my variance. My $100 bankroll is slowly moving upwards and the swings are smaller.
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I'd debate that the swings aren't smaller, though - with your short stack, does it make you more inclined to call with a mediocre hand or more likely to (incorrectly) shove all your chips in? If it changes the style of play to something that is too passive or too aggressive, you're actually increasing your variance.
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Correct, but instead I can make a call when a big stack bets hard and I think I have the best hand. I am less scared of big bets than I would be if I had a larger stack. If someone with a big stack thinks he can make me fold because I don´t want to risk my small amount of money, then I have the advantage.
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Shouldn't you be calling regardless of stack size when you think you have the best hand? Does being less scared cause you to lose more pots because you're not afraid to lose $7? I'm not saying this is the case, but it's something to consider.
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